Revealed: THESE industries have the MOST millennial billionaires
Becoming a billionaire is no easy feat and that is why only a limited number of people in the world reach billionaire status. From those that do, not much is made about millennial billionaires, given their extraordinary ability to accumulate such a huge amount of wealth at a relatively young age.
Interested in personal wealth, PhysicalGold.com analysed the latest data from Forbes to establish which industries in the world have the most millennial (23 – 38 years old) billionaires.
The Industries with the Most Millennial Billionaires |
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Rank |
Industry |
No. of Millennial Billionaires |
Collective Net Worth of Millennial Billionaires in Industry (USD$ – Billion) |
1. |
Technology |
28 |
$254.5 |
2. |
Finance and Investments |
8 |
$24.6 |
3. |
Automotive |
6 |
$17.2 |
3. |
Fashion & Retail |
6 |
$27 |
3. |
Healthcare |
6 |
$11 |
3. |
Media and Entertainment |
6 |
$37 |
4. |
Manufacturing |
5 |
$14.1 |
5. |
Metals and Mining |
4 |
$6.4 |
5. |
Property |
4 |
$9.9 |
6. |
Energy |
2 |
$7.7 |
6. |
Food and Beverage |
2 |
$8 |
7. |
Service |
1 |
$1.2 |
8. |
Construction & Engineering |
0 |
$0 |
8. |
Gambling and Casinos |
0 |
$0 |
8. |
Logistics |
0 |
$0 |
8. |
Sports |
0 |
$0 |
8. |
Telecommunications |
0 |
$0 |
- Technology is the sector that has the most millennial billionaires with 28; the combined net worth of the 28 tech millennial billionaires equates to an astonishing $254.5 billion!
- The finance and investment industry has the next most millennial billionaires with eight and the accumulative net worth of the eight millennial billionaires is $24.6 billion
- The automotive, fashion and retail, healthcare and media and entertainment industries respectively have six millennial billionaires each
- Interestingly, the construction and engineering, gambling and casinos, logistics, sports and telecommunications industries have no millennial billionaires
- Overall, there are currently 78 millennial billionaires in the world and the collective net worth of the 78 millennial billionaires is a colossal $418.6 billion